Taxpayers to cover $4 million P&L deficit. What else could that money buy? (1)
share
digg
by
William Rockhill Nelson (8)
on
BlogKC (8)
1 week, 2 days
ago
permalink
Back in 2006 BlogKC reported on the massive size of the Power & Light District’s public subsidy, its minuscule 4% profit margin, and the fact that KCMO taxpayers would be on the hook to cover any deficits. So it’s no surprise that the P&L District will lose money this year, and KC taxpayers must cover the $4 million gap. Just to put that in perspective, here are a few other things that the city could ...